Virtual Freehold Block of Flats

Property Details: • Type: Commercial Property • Tenure: N/A • Floor Area: N/A

Key Features: • Ideal Buy to Let Investment • Block of Three Apartments • Close to Train Station • All refurbished to a very high standard • Currently achieving £34,680 per annum • 6.30% Yield on Asking Price • Virtual Freehold

Location: • Nearest Station: Welwyn Garden City Station • Distance to Station: 0.4 miles

Agent Information: • Address: 11 Market Place, Hatfield, AL10 0LJ

Full Description: VIRTUAL FREEHOLD IDEAL BUY TO LET INVESTMENT CLOSE TO THE TRAIN STATION (entire block shown). Converted and refurbished to an extremely high standard in 2020 this partial block of three self-contained apartments would make an ideal buy to let investment due to their close proximity to Welwyn Garden City Town Centre, the business park and train station. All three apartments are let to professional individuals on Assured Shorthold Tenancies and are currently achieving a combined annual rent of £34,680 which is roughly a 6.30% return. NO ANNUAL MAINTENANCE CHARGE, PEPPERCORN GROUND RENT and 996 Year Lease.Communal Entrance HallVia a video entry-phone systemApartment OneKitchen / Living Room: Double glazed window to front. Understairs storage cupboard. Door to:Bedroom: Double glazed window to front. Door to:En-Suite Shower Room.Rent: £1,025.00 PCMAST Expires: 20/09/2024Apartment TwoHall: Doors to:Kitchen / Living Room: Double glazed window to front. Storage cupboard.Bedroom: Double glazed window to front.En-Suite Shower Room.Rent: 9850.00 PCMAST Expires: 17/01/2025 Apartment ThreeHall: Storage cupboard. Doors to:Kitchen / Living Room: Double glazed window to front.Bedroom: Double glazed window to front.En-Suite Shower Room.Rent: £915.00 PCMAST Expires: 30/01/2025 Fixtures & FittingsAll flats have:Fitted wardrobes and draws in bedrooms.Kitchens are fitted and have integrated dishwasher, induction hobs, built in microwave, built in oven/grill and fridge/freezers.Shower Rooms with corner shower cubicles, wash hand basins, low level W.C and extractor fan. All flats gas have full wet underfloor heating, from gas fired combi boilers.All windows are double glazed.Oak floors, skirtings, architraves and doors throughout.Full LED lighting.Video Entry-phone SystemAll flats will be left with doubles beds, sofas, wall mounted dining tables and windows blinds.NoticePlease note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.BrochuresBrochure 1